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Friday, August 3, 2012

A Public Disgrace

Looking behind today's jobs report, with Romney already making hay over the uptick in the unemployment rate to 8.3%, Floyd Norris of the NYT goes behind the numbers and shows that the GOP job-killing efforts in the public sector have been the main problem for, oh, the past two-and-a-half years.  Even as jobs elsewhere have gained in 27 of the past 30 months, public sector jobs have declined in the same number of months. "In fact, the private sector has done reasonably well; it is the decline in government jobs that has been extraordinary."

Here's one remarkable stat:  "Over that 30-month period, manufacturing employment has risen by 532,000 jobs, or 4.6 percent. The last time manufacturing grew that rapidly was in the period ending in November 1985."

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